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A limited liability company is a company. the partners of which are not more than fifty (50) who are responsible only to the extent of

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A limited liability company is a company." the partners of which are not more than fifty (50) who are responsible only to the extent of their shareholding in the capital. If the number of partners falls below two, the company shall, by force of the law, to a single-person company unless the company. completes the number within thirty (30) days from the date of the company's shares ."concentrating in the hand of one partner Read the following statement carefully then answer the questions How do you solve business -1 partnership problems for the Partner Limited ((Liability? (Two marks Restriction of assignment of partners' -2 (shares? (Four marks The insurance contract is one of the nominations contracts, and it is important in our daily and practical life. In light of what has been studied in the insurance contract, explain what is the definition of the insurance contract and illustrate the obligations of the Insured? (5 (marks

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